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International Bancshares Corporation Announces Cash Dividend

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International Bancshares (NASDAQ: IBOC) has declared a cash dividend of 66 cents per share for shareholders of record as of August 14, 2024, payable on August 28, 2024. The decision was made by IBC's Board of Directors on July 31, 2024. Dennis E. Nixon, president and CEO, attributed this discretionary dividend to the company's continued record of superior financial results, strong capital position, significant liquidity, and over 57 years of positive earnings.

IBC is a multi-bank financial holding company based in Laredo, Texas, with approximately $15.5 billion in total assets. It operates 166 facilities and 256 ATMs across 75 communities in Texas and Oklahoma. The company remains committed to responsible management and enhancing shareholder value.

International Bancshares (NASDAQ: IBOC) ha dichiarato un dividendo in contanti di 66 centesimi per azione per gli azionisti registrati al 14 agosto 2024, pagabile il 28 agosto 2024. La decisione è stata presa dal Consiglio di Amministrazione di IBC il 31 luglio 2024. Dennis E. Nixon, presidente e CEO, ha attribuito questo dividendo discrezionale al continuo record di risultati finanziari superiori, alla solida posizione di capitale, alla significativa liquidità e oltre 57 anni di utili positivi.

IBC è una società di holding finanziaria multi-bancaria con sede a Laredo, Texas, con circa 15,5 miliardi di dollari in totale attivo. Gestisce 166 strutture e 256 bancomat in 75 comunità in Texas e Oklahoma. L'azienda rimane impegnata nella gestione responsabile e nel miglioramento del valore per gli azionisti.

International Bancshares (NASDAQ: IBOC) ha declarado un dividendo en efectivo de 66 centavos por acción para los accionistas registrados hasta el 14 de agosto de 2024, pagadero el 28 de agosto de 2024. La decisión fue tomada por la Junta Directiva de IBC el 31 de julio de 2024. Dennis E. Nixon, presidente y CEO, atribuyó este dividendo discrecional al continuo récord de resultados financieros superiores, sólida posición de capital, significativa liquidez y más de 57 años de ganancias positivas.

IBC es una empresa de holding financiero multi-bancaria con sede en Laredo, Texas, con aproximadamente 15.5 mil millones de dólares en activos totales. Opera 166 instalaciones y 256 cajeros automáticos en 75 comunidades en Texas y Oklahoma. La empresa sigue comprometida con una gestión responsable y el aumento del valor para los accionistas.

International Bancshares (NASDAQ: IBOC)가 주당 66센트의 현금 배당금을 2024년 8월 14일 기준 주주에게 선언하였으며, 2024년 8월 28일에 지급됩니다. 이 결정은 IBC 이사회에서 2024년 7월 31일에 내려졌습니다. Dennis E. Nixon, 사장 겸 CEO는 이 재량 배당금을 우수한 재무 성과의 지속적인 기록, 강력한 자본 상태, 상당한 유동성 및 57년 이상의 긍정적인 수익에 기인한다고 밝혔습니다.

IBC는 텍사스주 라레도에 본사를 둔 다중 은행 금융 지주회사로, 총 자산 약 155억 달러를 보유하고 있습니다. 이 회사는 텍사스와 오클라호마의 75개 지역 사회에서 166개의 시설과 256개의 ATM을 운영하고 있습니다. IBC는 책임 있는 경영과 주주 가치를 향상시키기 위해 계속 노력하고 있습니다.

International Bancshares (NASDAQ: IBOC) a déclaré un dividende en espèces de 66 cents par action pour les actionnaires inscrits au 14 août 2024, payable le 28 août 2024. La décision a été prise par le conseil d'administration d'IBC le 31 juillet 2024. Dennis E. Nixon, président et PDG, a attribué ce dividende discrétionnaire au record continu d'excellents résultats financiers, à la forte position de capital, à une liquidité significative et à plus de 57 ans de bénéfices positifs.

IBC est une société de portefeuille bancaire multi-bancaire basée à Laredo, au Texas, avec environ 15,5 milliards de dollars d'actifs totaux. Elle exploite 166 établissements et 256 distributeurs automatiques de billets dans 75 communautés au Texas et en Oklahoma. L'entreprise reste engagée dans une gestion responsable et l'amélioration de la valeur pour ses actionnaires.

International Bancshares (NASDAQ: IBOC) hat eine Bardividende von 66 Cent pro Aktie für Aktionäre erklärt, die zum 14. August 2024 eingetragen sind, zahlbar am 28. August 2024. Die Entscheidung wurde vom Vorstand von IBC am 31. Juli 2024 getroffen. Dennis E. Nixon, Präsident und CEO, führte diese discretionary Dividende auf das fortgesetzte Rekordniveau hervorragender finanzieller Ergebnisse, die starke Kapitalposition, die beträchtliche Liquidität und über 57 Jahre positiver Erträge zurück.

IBC ist ein multi-banqueträger Konzern mit Sitz in Laredo, Texas, mit ca. 15,5 Milliarden Dollar in Gesamtkapital. Das Unternehmen betreibt 166 Einrichtungen und 256 Geldautomaten in 75 Gemeinden in Texas und Oklahoma. Das Unternehmen bleibt verpflichtet, verantwortungsvoll zu wirtschaften und den Aktionärswert zu steigern.

Positive
  • Declaration of a 66 cents per share cash dividend
  • Record of superior financial results
  • Strong capital position and significant liquidity
  • Over 57 years of positive earnings
  • Approximately $15.5 billion in total assets
Negative
  • None.

LAREDO, Texas--(BUSINESS WIRE)-- International Bancshares Corporation (NASDAQ: IBOC) announced today that on July 31, 2024, IBC’s Board of Directors approved the declaration of a 66 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Aug. 14, 2024, payable on Aug. 28, 2024. “This discretionary cash dividend was made possible because of our Company’s continued record of superior financial results. Adding to this strong performance is our exceptionally strong capital position, significant liquidity and more than fifty-seven years of positive earnings. We remain committed to continue to manage our Company responsibly to position us for continued success and to enhance the value of our Company for our shareholders,” said Dennis E. Nixon, president and CEO of IBC.

IBC is a multi-bank financial holding company headquartered in Laredo, Texas, with approximately $15.5 billion in total assets and 166 facilities and 256 ATMs serving 75 communities in Texas and Oklahoma.

“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of IBC and its subsidiaries, the occurrence of which involve certain risks and uncertainties detailed in IBC’s filings with the Securities and Exchange Commission.

Copies of IBC’s SEC filings and Annual Report (as an exhibit to the 10-K) may be downloaded from the SEC filings site located at http://www.sec.gov/edgar.shtml or IBC’s website at http://www.ibc.com.

Judith Wawroski

Treasurer and Principal Financial Officer

International Bancshares Corporation

(956) 722-7611 (Laredo)

Source: International Bancshares Corporation

FAQ

What is the amount of the cash dividend declared by International Bancshares (IBOC)?

International Bancshares (IBOC) has declared a cash dividend of 66 cents per share.

When is the record date for IBOC's recently announced dividend?

The record date for IBOC's recently announced dividend is August 14, 2024.

What is the payment date for International Bancshares 's (IBOC) latest dividend?

The payment date for International Bancshares 's (IBOC) latest dividend is August 28, 2024.

How many years has International Bancshares (IBOC) reported positive earnings?

International Bancshares (IBOC) has reported positive earnings for over 57 years.

What is the total asset value of International Bancshares (IBOC) as mentioned in the press release?

According to the press release, International Bancshares (IBOC) has approximately $15.5 billion in total assets.

International Bancshares Corp

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